High tide continues rapid expansion into united states through acquisition of leading online retailer dankstop

High tide acquires another top e-commerce platform for its portfolio which already includes 3 out of the top 5 most popular e-commerce platforms for consumption accessories and totaled almost 100 million site visits across all platforms in 2020, including 2.5 million associated with dankstop.1 high tide gains access to dankstop's more than 200,000 email subscribers and further bolsters its online presence by gaining access to dankstop's almost 335,000 instagram followers. transaction is immediately accretive as dankstop generated revenue over us$3 million during the 12 months ended april 30 2021, with an ebitda margin in the low double digits.
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